PODCAST: Cuba seeks foreign investment
Cuban President Raul Castro gives a speech, on January 27, 2014, during the inauguration of first stage of the Mariel port and special development zone, in Mariel, Artemisa province, Cuba.
Investors are pulling out of places like Turkey and South Africa, and putting their money into older markets. How much does the Fed have to do with it?
The president didn’t say much about college affordability in his state of the union address this week, unlike in previous years, but some members of Congress are pushing the issue. U.S. Rep. Suzanne Bonamici (D-Ore.) introduced a bill Wednesday that would waive tuition at public universities. Instead, students would pay a percentage of their incomes after graduation.
Cuba is trying to lure foreign investment with a multi-million dollar shipping port. The $957 million overhaul of the port of Mariel, in west Havana, is being financed by Brazil, and is in the heart of a special economic development zone.